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Fixed Deposit in Nagpur

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Fixed Deposit in Nagpur

Nagpur, once the capital city of Madhya Pradesh, is now the third largest city in the state of Maharashtra, after Mumbai and Pune. Many surveys in the recent past have crowned the ‘Orange City’ as one of the best in terms of greenery, livability, healthcare, public transport and more parameters.

Nagpur is a major political and commercial hub of Maharashtra. Nagpur is also a major technological hub. The city is also a major economic centre, and people take a keen interest in investing in different avenues.

Investment options in Nagpur

Nagpur citizens can easily make most of investment schemes such as:

Real estate – Real estate can offer a higher ROI to investors if they are ready to keep invested for years or till the time is ripe to gain leverage.
Mutual funds – Mutual funds are good investment option these days as they offer a higher rate of interest. However, they do not offer a fixed ROI as it’s impacted by market conditions.
Stocks – Similar to mutual funds, even stocks offer a higher rate of interest, but its ROI is not guaranteed.
Fixed deposits – Fixed deposits are safe investment plans as they offer a higher interest rate along with guaranteed ROI.

Fixed deposit features and benefits in Nagpur

Bajaj Finance Fixed Deposit in Nagpur is a lucrative scheme that comes with features and benefits such as:

  • Higher interest rate for senior citizens

    Senior Citizen FDs can gain more interest rate of 0.35% as compared to regular citizens, and it means bigger ROI.

  • Lower investment amount

    You can begin investing in an FD plan of Bajaj Finance with as low as Rs.25, 000.

  • FD Calculator

    Fixed Deposit Calculator is an online tool available on Bajaj Finance’s website. By putting your deposit amount and tenor on it, you can know your exact ROI even before investing.

  • Online account management

    24/7 online account management of your FD account lets you keep steady progress on it via the digital customer portal of Bajaj Finance.

Eligibility criteria details for Nagpur

Nagpur residents can get started with a Bajaj Finance Fixed Deposit if they are ready to put down at least Rs.25, 000 and abide by other main eligibility criteria such as:

  • Resident Indian citizen

  • Hindu Undivided Family (HUF)

  • Companies along with group companies, partnership firms, and sole proprietorship

  • Family trusts

  • Societies, clubs, and associations

Create more wealth with Bajaj Finance FDs

Bajaj Finance FDs let you enjoy many benefits and make your investment safe to help you avail a higher interest rate and ROI. The facility is also available in Mumbai, Pune, Amravati, Aurangabad, Kolhapur, Nashik, Latur, Nanded, Chiplun and many more cities.

FD Rates in Nagpur

A Nagpur fixed deposit account also powers you to avail various rates and payouts, according to your needs and risk profile.

Tenor in Months Minimum deposit size (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half-yearly Yearly
12 – 23 25,000 7.60% 7.35% 7.39% 7.46% 7.60%
24 – 35 8.15% 7.88% 7.93% 8.00% 8.15%
36 – 60 Months 8.40% 8.13% 8.18% 8.25% 8.40%
Special tenors scheme
15 Months 1,00,000 7.85% 7.60% 7.64% 7.71% 7.85%

To book an FD with Bajaj Finance in Nagpur , visit the address mentioned below:

Bajaj Finserv Ltd.

1St & 2Nd Floor, Plot No. - 5, Lotus Building, Gorepath Layout, Whc Road, Dharampeth, Nagpur - 440 010.

91-712 3911000

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